Silver getting crushed today

In Happy Happy Internet-Magic land, you are pretty darn close!

Take a look at the bottom right corner showing dollar to pm rates!

This is the "logic" behind telling every retiree that they should have gold NOW NOW NOW!!! $10k an ounce is coming! (Insert boogeyman sound effects!)

http://usdebtclock.org/gold-precious-metals.html

 

Log in or Sign up to hide this ad.

Be careful what you wish for. Never in a million years would I have EVER wanted to keep the old AMC Gremlin my parents had. Fugliest worst performing POS ever built in USA! Now they're high dollar classics!

And now a flashback to a simpler time!

 

Noticed something funny.
With the slight rise in silver spot, the premium for ASEs has gone down and the total price is less for an ASE than when spot was lower.

How odd is that for pricing models.

Last night the premium for ASEs was 70 cents over spot, total cost more than $2 less than last week.
The last week sometime it was $4ish, 2 days ago it was $1.80ish over spot.

Seems like keeping a spreadsheet is in order of this stuff just to see.

 

We had a little dip today and I am going to the coin shop to buy a roll of dimes and quarters tomorrow at 12.7xface.

 

Were are you seeing ASE's for .70 over spot?

 

I have a full-proof method for getting silver at a low market price. If I post that I bought a quantity of silver, wait until the next day and then buy it. I can practically guarantee that the market will drop the day after I buy.

Yesterday, I bought a club members large collection of silver strike casino chips at spot + 3%. Silver dropped 12c today.

 

I believe it is called fool proof. And there is no such thing

 

I was attempting to be funny, but I guess different people have different senses of humor.

 

last night at 11:30 pm when spot pricing spiked downwards and the selling math models over compensate. It only lasted a short time.

 

here's some silver rounds at 70 cents above spot

https://www.providentmetals.com/1-oz-999-fine-silver-rounds-our-choice.html

 

of course the new year brings consistent uncertainty !

 

read this today

http://www.kitco.com/news/2017-01-09/Gold-Up-As-Trader-Investor-Demand-On-Upswing-in-2017.html

and as such ...

 

I'm glad I already bought into silver .... looks like the price is getting Crushed today as it rockets up.


... but will it stay up, or float back down ?

 

interesting news from the US MINT
http://www.kitco.com/news/2017-01-1...n-First-Day-2017-Gold-Bullion-Coin-Sales.html

 

Golden Eagle Coins is selling silver rounds at melt- no premium- $16.83 oz.
https://www.goldeneaglecoin.com/ite...il&utm_term=0_fcd57b34c1-2e232b3c04-311056077

 

gov.mint 18.75 a piece ASE... got a roll 379.00 with/ship

 

Are they clearing their 2016's?

 

Too good a deal to pass up at GE. I'm now 13 ounces over my goal for the month.

 

It's 18.95 but still a good deal for 2017's

 

Your correct Bman 18.95... for the 2017